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488 2019 488 Value

Discussion in '458 Italia/488/F8' started by DarrenP, Jul 21, 2021.

  1. DarrenP

    DarrenP Rookie

    Feb 2, 2015
    15
    Hi all,

    Trying to get a handle on what my 2019 488 Spider is worth in the current market. Its Rosso Corsa/Crema with 4,100 miles

    Just looking for a ball park figure.

    Thanks
     
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  3. todd cloud

    todd cloud Karting
    Silver Subscribed

    Jun 21, 2019
    113
    Full Name:
    Todd Anthony Cloud
    $39.67

    photos and specs would help
     
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  4. mkraft3003

    mkraft3003 Formula Junior

    Aug 20, 2016
    563
    Tampa, Fl
    You are a little low. I was going to say $47.50
     
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  5. mkraft3003

    mkraft3003 Formula Junior

    Aug 20, 2016
    563
    Tampa, Fl
    Take it to a dealer and see what they will give you. Look on autotrader and see what similar specs are going for. The market is crazy right now so perfect time to sell. What it’s worth today may be completely different in 2 months. It certainly was worth less 6 months ago as everything has increased.
     
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  6. c8spidey

    c8spidey Formula Junior
    Rossa Subscribed

    Dec 10, 2018
    391
    westchester county ny
    Full Name:
    lou g
    Sold my 2019 Spider,white w/black roof.2k and a garage queen for 297k in April and that's before this mad pricing took over.
    So, thinking you'd easily get 300k-315k -IMO.
     
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  8. Viperjoe

    Viperjoe Formula 3
    Silver Subscribed

    #6 Viperjoe, Jul 21, 2021
    Last edited: Jul 21, 2021
    Assuming a average spec, nothing crazy color wise, clean carfax, clear title, pristine condition, etc. $307,500 - $315,000 (minus consignment charges if applicable). I sold my mint 2018 GTB (6400 miles) which met all of the above criteria for $275,000. Strike while the irons are hot; the current bull market won't last forever!
     
  9. ScottS

    ScottS Formula 3
    Rossa Subscribed Owner

    Mar 2, 2004
    1,796
    Winter Park
    Full Name:
    Scott S
  10. blkdiablo33

    blkdiablo33 F1 Rookie

    Jul 12, 2004
    3,514
    i think the market has slowed down from what the dealers have told me about exotic cars
     
  11. blkdiablo33

    blkdiablo33 F1 Rookie

    Jul 12, 2004
    3,514
    my 18 488 gtb 6800 miles mint car took sometime to sell,market has slowed down,3 months ago was diffrent story
     
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  13. mkraft3003

    mkraft3003 Formula Junior

    Aug 20, 2016
    563
    Tampa, Fl
    I would disagree. The market is still on fire and Out of control. Take a look at pricing on BAT over the last few weeks. It boggles the mind and doesn’t make much sense but it is what it is. The bubble has to burst at some time.
     
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  14. c8spidey

    c8spidey Formula Junior
    Rossa Subscribed

    Dec 10, 2018
    391
    westchester county ny
    Full Name:
    lou g
    As a dealer I can tell you that many customers who have cars on order and have extended their leases while waiting for new vehicles have now been told that they can no longer extend ---reason being that the banks want those off lease vehicles so they can send to auction offer to dealers and get MSRP because the chip shortage and demand is still pretty brisk.
     
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  15. emmholla

    emmholla Rookie

    Dec 15, 2018
    16
    When do you anticipate market conditions to revert back to some type of normalcy? Or is this the new normal?


    Sent from my iPhone using FerrariChat
     
  16. c8spidey

    c8spidey Formula Junior
    Rossa Subscribed

    Dec 10, 2018
    391
    westchester county ny
    Full Name:
    lou g
    My thinking is that when this production shortfall --- caused by unusually high demand post covid from people opting out of car pooling, Ubers,trains,subways and rentals bought vehicles, and the chip shortage subsides the manufacturers will ramp up production and as they're prone to do will will resume incentives and rebates and consequently make used cars less affordable in comparison to new cars.
    Then prices should normalize.
    Guessing--4qtr. 2021.
     
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